Lobito, Angola – President Félix Tshisekedi of the Democratic Republic of Congo (DRC) highlighted the Lobito Corridor as a “strategic route to maximize our natural resources,” particularly copper and cobalt, during the Multilateral Summit on the Lobito Corridor held in Benguela Province, Angola.
Speaking on the project’s potential, Tshisekedi emphasized its critical role in improving logistics and boosting export revenues. “With a combined annual production of three million tons between the DRC and Zambia, this project will significantly reduce logistical costs while increasing export revenues,” he stated.
The Congolese leader also underscored the corridor’s capacity to enhance global market access. “This is a unique opportunity directly linked to accessing global markets through the Port of Lobito, offering a strategic alternative to our current export routes,” Tshisekedi added.
He further explained the time-saving benefits of the corridor. Currently, the transit of goods takes approximately 30 days, but with the Lobito Corridor, this timeframe is expected to shrink to 20 days. “This reduction will greatly enhance our competitiveness in the international market,” Tshisekedi noted.
The Lobito Corridor, a critical infrastructure linking Angola’s Port of Lobito to Zambia and the DRC, is poised to transform regional trade dynamics by creating more efficient pathways for transporting minerals and other goods, ultimately strengthening the economies of Southern Africa.
